{"value":{"id":1928045,"memberId":4966,"member":null,"memberRole":"Minister for Museums, Heritage and Gambling, and DCMS Lords Minister","uin":"HLWS258","dateMade":"2026-07-15T00:00:00","answeringBodyId":217,"answeringBodyName":"Department for Culture, Media and Sport","title":"Statement on acquisitions of direct holdings in newspapers by state-owned investors","text":"<p>I am repeating the following Written Ministerial Statement made today in the other place by my Right Honourable Friend the Minister for Creative Industries, Media and Arts, Ian Murray MP.</p><p>The <a href=\"https://www.legislation.gov.uk/uksi/2025/1351/made\" target=\"_blank\">Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) (No. 2) Regulations 2025</a> were debated and approved by Parliament in December 2025, and came into force on 31 January 2026.</p><p> </p><p>They amended the exceptions for state-owned investors in the Foreign State Influence regime in the Enterprise Act 2002 to provide that if a state-owned investor acquires a direct holding of more than 5% of the shares or voting rights in a newspaper (up to a maximum of 15%), they must notify the Secretary of State and publish certain details on a website before the end of a period of 14 days beginning with the date of the relevant acquisition in order to qualify for the exception.</p><p> </p><p>When the regulations were laid before Parliament, I made a <a href=\"https://questions-statements.parliament.uk/written-statements/detail/2025-10-30/hcws1009\" target=\"_blank\">Written Statement</a> which set out the Secretary of State’s commitment to sharing a statement every six months on the details which state-owned investors have published about their investments pursuant to the regulation.</p><p> </p><p>Since 31 January 2026, the Secretary of State has received no notifications of acquisitions resulting in a state-owned investor holding more than 5% in a UK newspaper directly.</p><p> </p><p>The Department for Culture, Media and Sport will continue to publish statements every six months to maintain transparency around state-owned investment in newspapers, and to build public and parliamentary confidence in this regime. The next statement is due in January 2027.</p><p> </p>","house":"Lords","noticeNumber":0,"hasAttachments":false,"hasLinkedStatements":true,"linkedStatements":[{"linkedStatementId":1928034,"linkType":"JointStatement","linkDate":"2026-07-15T00:00:00"}],"attachments":[]},"links":[{"rel":"self","href":"/Statements/1928045","method":"GET"}]}